Business & Economy

  US Dollar Peter Obi, a leading presidential candidate and former Governor of Anambra State, has expressed strong criticism of President Bola Ahmed Tinubu for his borrowing practices, which he...

The Dangote Group, led by Nigerian billionaire Aliko Dangote, has scaled up its investment in an Ethiopian fertiliser plant to over $4 billion, a significant jump from the $2.5 billion...

Tanimu Yakubu The Budget Office of the Federation acknowledges public concerns regarding the publication timeline for the recent Quarterly Budget Implementation Reports and considers it important to provide clarification within...

Credit ratings agency S&P upgraded Nigeria's long-term sovereign rating to "B" from "B-" on Friday, ​citing improving credit worthiness. Higher oil production and prices, a ‌large increase in domestic refining...

After a successful round up of banks recapitalisation which started in 2024 and ended in March 31,2026, the Central Bank of Nigeria(CBN) has shifted focus and emphasis to corporate governance...

No fewer than nine ships have arrived Lekki, Tincan and Apapa ports in Lagos, waiting to discharge petrol, bulk fertilizer, gasoline, aviation fuel and diesel. The Nigerian Ports Authority (NPA)...

Dangote and his refinery Dangote Petroleum Refinery has filed a new lawsuit against Nigeria's attorney general in a ​bid to overturn fuel import licences issued to ‌marketers and the NNPC...

Nigeria is losing vast mineral revenues to a web of illegal trading networks dominated by foreign buyers, shell companies and armed criminal groups, a joint government-civil society report ​said, highlighting...

The International Finance Corporation (IFC) has announced an immediate mission to Nigeria, targeting investment structures that can unlock private capital for strategic sectors. Managing Director, Diop Makhtar, disclosed the plan...

National Pension Commission (PenCom) has granted regulatory forbearance to Pension Fund Administrators (PFAs) to invest pension fund assets in the proposed Initial Public Offering (IPO) of Dangote Petroleum Refinery &...